> Having an income 300:1 your lowest paid employee is disturbing
I can imagine how and why communist revolutions were so "successful". This ratio simply shows theft from the workers. Probably, if we don't get a regulation in that area, so that let's say the maximum ratio could be no more than 10:1 and heavily tax capital gains, dividends and other means that privilege class use to extract value without having to work for it, this history will repeat itself.
In some western countries, extreme left parties gain huge support, because people are simply fed up of reading that e.g. Amazon got another record year while they themselves have to sleep in a tent because they cannot afford paying rent.
The Russian communist revolution succeeded because Tsarist Russia was brutal and despotic, and the brutal and despotic Bolsheviks were merely the lesser of two evils and better fighters. The Chinese communist revolution succeeded because the Chinese Communist Party waged a guerilla war while the Nationalist army fought the Japanese invasion by themselves. Once the invasion was defeated the Chinese Communist Party fought a brutal conventional war marked by long sieges where 100,000s of city dwellers starved to death.
I think political and military factors are underrated as explanations for the success of communist revolutions compared to social and economic factors.
I can imagine how and why communist revolutions were so "successful". This ratio simply shows theft from the workers. Probably, if we don't get a regulation in that area, so that let's say the maximum ratio could be no more than 10:1 and heavily tax capital gains, dividends and other means that privilege class use to extract value without having to work for it, this history will repeat itself. In some western countries, extreme left parties gain huge support, because people are simply fed up of reading that e.g. Amazon got another record year while they themselves have to sleep in a tent because they cannot afford paying rent.